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Nov 30, 2012
11/12
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KRON
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the consumer spending dropped and this is mainly due to super storm sandy peopl. this is due to people being unemployed. will bring you the numbers from wall street drop the number. no time there is pretty bad and press the rainfall that is coming down and now we're seeing some flooding. >> the heavier then start in concord walnut creek. it is not as intense as what is what wethere is heavy rain in te walnut creek area. there is rain fall more than a 10th of an inch in certain areas. light ran for the shore freeway and there are no longer heavy over the dumbarton bridge. a lot of the rand has pushed his way through the a's. as we turn our attention to the south bay it is a trek to when it will impact you. as we take a look that when that will hit the south bay it looks like you will be under some heavy rain and about 6:42 a.m.. you should really be prepared for this and as we head into the afternoon the showers will start to taper off. we do have strong whins up to 20 m.p.h. for places like half moon bay. we do have a flash flood warning to and 9:00 a.m.. as we he
the consumer spending dropped and this is mainly due to super storm sandy peopl. this is due to people being unemployed. will bring you the numbers from wall street drop the number. no time there is pretty bad and press the rainfall that is coming down and now we're seeing some flooding. >> the heavier then start in concord walnut creek. it is not as intense as what is what wethere is heavy rain in te walnut creek area. there is rain fall more than a 10th of an inch in certain areas....
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Dec 3, 2012
12/12
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KRON
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eye 125
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off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the g
off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that...
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357
Dec 6, 2012
12/12
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KRON
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eye 357
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of people seeking unemployment aid fell sharply last week as a temporary spike caused by super storm sandy has faded. weekly applications have fallen back to a level consistent with a modest hiring. the labor department says applications drop 25,000 last week off to a seasonally adjusted 370,000. >> this will last until the work week and as for tomorrow will have morning fall. it will be dry and warmer into the we can take it a look at the fog he does see pretty widespread and that it will stay over much of the bay area until 10:00 a.m.. into the evening it will start to build along the east bay shore and your inland valley areas. it is a warm start for the morning as 53 degrees. upper 40's for daly city's and it is already on upper 40's for a sunnyvale. for those of you head in out the door you will still be sitting in the '50s and it will not be until the late morning that we will see the 60's. for those of you who are heading out this evening the temperatures will drop to the low 50s that is indicated by the blue on your screen. >> it will be low 60's for the east bay shore and inland v
of people seeking unemployment aid fell sharply last week as a temporary spike caused by super storm sandy has faded. weekly applications have fallen back to a level consistent with a modest hiring. the labor department says applications drop 25,000 last week off to a seasonally adjusted 370,000. >> this will last until the work week and as for tomorrow will have morning fall. it will be dry and warmer into the we can take it a look at the fog he does see pretty widespread and that it...
SFGTV2: San Francisco Government Television
90
90
Dec 7, 2012
12/12
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SFGTV2
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eye 90
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recommendation of tim colon and i think serve on board supporting it project it was a unique situation when sandy miller and her class of architecture of students from cal polly were working with task force before still came on the pictures and they had been assigned this very same parking lot and they were created what kind of uses could go there and that is where the whole concept of a mix of uses came from. planning department in these initial meetings had great difficulty wrapping their head around what we were trying to do because the traditional way of thinking has always been dropping some -- in somebody's neighborhood and calling it mixed use this is sen or eight buildings i can never keep track televise and each with it's own use we told the planners come town to the neighborhood and look at what we are talking about and i think the picture that he showed you of the surrounding neighborhood and how this fits in talk about it so well and it will not only fit into the community month grow into the anybody as well and some may age and some may loose their usefulness and not last as long as
recommendation of tim colon and i think serve on board supporting it project it was a unique situation when sandy miller and her class of architecture of students from cal polly were working with task force before still came on the pictures and they had been assigned this very same parking lot and they were created what kind of uses could go there and that is where the whole concept of a mix of uses came from. planning department in these initial meetings had great difficulty wrapping their...
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Dec 7, 2012
12/12
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KRON
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eye 185
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expected to be half that because of all the layoffs of people on able to work because of super storm sandy. we had 140,000 americansaw a drop in te unemployment rate to 7.7%. this is the lowest since december 2008. > a month after his election present obama has a sizable rating and more than a year. the poll finds the president's rating stands at 57 per cent the highest since may last year when navy seals killed outside a leader osama bin live in. applies more americans that the nation is headed in the right direction. 42 percent say the country is on the right track and a majority believe is likely president obama will improve the economy. however americans are divided on what a president he has been. but 37 percent think he's been above or above average or outstanding. 36 percent say below average or four. >> the us supreme court scheduled to meet behind closed doors again today to consider reviewing the legal issues regarding same-sex marriage. that includes a challenge to california's controversial controversy old proposition 8. if the court refuses to review the prop a case same-sex m
expected to be half that because of all the layoffs of people on able to work because of super storm sandy. we had 140,000 americansaw a drop in te unemployment rate to 7.7%. this is the lowest since december 2008. > a month after his election present obama has a sizable rating and more than a year. the poll finds the president's rating stands at 57 per cent the highest since may last year when navy seals killed outside a leader osama bin live in. applies more americans that the nation is...
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298
Dec 7, 2012
12/12
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KRON
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eye 298
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it is going to be a good match up. >> kaepernick. >> and tell introducedad sandy barbour introduced sonny dykes today at memorial stadium (cheers & applause) >> uttdykes comes from the wac - and his louisiana tech team led the nation in scoring, total offense and first downsbut their defense was way below average he will try to put points on the board. this is going to be a long arduous process sonny dykes.... i know that that is going to drive was every day. when we come to work over goal is not only going to be to get to the rose bowl but to win it. >> i will tell you but when he walked out of the room, i said to myself i think that is the guy buta big media presence in berkeley for the press conference. dykes replaces jeff tedford who was the winningest coach in cal history i do not like guys that come in and are full of bluster if they do not back it up. and also, if they are dull? >> he just got here. >> maybe he could be blustery or may be quiet. >> and you prefer somebody with a big name? >> and yes, i had to do some research i would just say that i know about them. i guess i'm jus
it is going to be a good match up. >> kaepernick. >> and tell introducedad sandy barbour introduced sonny dykes today at memorial stadium (cheers & applause) >> uttdykes comes from the wac - and his louisiana tech team led the nation in scoring, total offense and first downsbut their defense was way below average he will try to put points on the board. this is going to be a long arduous process sonny dykes.... i know that that is going to drive was every day. when we come...
111
111
Nov 30, 2012
11/12
by
KRON
tv
eye 111
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mostly because people were hit by super storm sandy. the government also says the consumer and come stayed flat for the month of october and did not rise. we're watching the dow up 10 points right now. we will have a complete update on trafficked in bay area weather we come back. the heaviest cells are in sound san mateo and livermore. they range is moving through concord but we have some are headed towards fairfield and san jose shortly. even here the what you're seeing right now. snow was on the way for the sierra. and light at three is 6 in. of snow on wednesday and there are expecting a lot more, over the course of the weekend with this system coming through. no. start reporting 7 in. of fresh snow on their trails. 7 ft. is the forecast for the next several days for the higher elevations. not bad for the sierra. of course we have to drive and a here on the bay with all of the rain that is coming in right now. it is causing problems for us this morning. erica storm tracker 4, walk us through it >> been morning james it looks like the
mostly because people were hit by super storm sandy. the government also says the consumer and come stayed flat for the month of october and did not rise. we're watching the dow up 10 points right now. we will have a complete update on trafficked in bay area weather we come back. the heaviest cells are in sound san mateo and livermore. they range is moving through concord but we have some are headed towards fairfield and san jose shortly. even here the what you're seeing right now. snow was on...
406
406
Dec 3, 2012
12/12
by
KPIX
tv
eye 406
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now they're the ones helping after sandy. >> jeff: a contributioned to superstorm sandy rebuilding effort is coming in the form of cash. as elaine quijano tells us tonight an invaluable contribution 6 time and skills is being made by out of town firefighters eager to repay a debt of gratitude. >> they had never met before. but ken rueter and david nick connected like old friends. >> i'm from new orleans, we hug people. >> a lot of happy memories here. >> oh, absolutely. >> reporter: for 16 years rueter has worked as a dispatcher for new york city's fire department. >> how high did the water come. >> the water was up to about here. >> reporter: sandy's storm surge devastated the home his family has owned since 1987. david nick is a new orleans fire department captain. one of 36 firefighters from his city volunteering in new york. helping fire department personnel here rebuild their homes. >> seven years ago we had a pretty big storm in new orleans. and the city of new york sent 600 guys down to help us out. and they made a huge difference for us. >> reporter: their work is partly about rep
now they're the ones helping after sandy. >> jeff: a contributioned to superstorm sandy rebuilding effort is coming in the form of cash. as elaine quijano tells us tonight an invaluable contribution 6 time and skills is being made by out of town firefighters eager to repay a debt of gratitude. >> they had never met before. but ken rueter and david nick connected like old friends. >> i'm from new orleans, we hug people. >> a lot of happy memories here. >> oh,...
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123
Nov 29, 2012
11/12
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KGO
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eye 123
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. >>> new york still cleaning up from superstorm sandy and nation another problem, looting. thieves raided a school in queens and took off with $100,000 worth of equipment. they also took two automated heart defibrillators each worth $16,000. the school is one of third -- one of 30 that has reported looting since sand did. >>> we are -- since sandy. >>> another storm coming. >> what time? >> later. but there are showers now. i ran into one as i headed out this morning and live doppler shows the activity light in the north bay from ukiah, cloverdale, clear lake through santa rosa, a few showers around marin, napa, american canyon and south, highway 101 south novato through san rafael. so be careful, temperatures this morning are on the mild side, mostly cloudy, then showers sinking south from the north bay all the way through the central coast going to take much of the afternoon and evening, mainly dry for most of you with numbers in the 60s heavy rain tonight into tomorrow. >>> back to napa for this "sig alert" issued highway 121, 128 with an overturned vehicle still blockin
. >>> new york still cleaning up from superstorm sandy and nation another problem, looting. thieves raided a school in queens and took off with $100,000 worth of equipment. they also took two automated heart defibrillators each worth $16,000. the school is one of third -- one of 30 that has reported looting since sand did. >>> we are -- since sandy. >>> another storm coming. >> what time? >> later. but there are showers now. i ran into one as i headed out...
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165
Nov 30, 2012
11/12
by
KRON
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eye 165
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some of you may say what about hurricane sandy? >> sandy was considered a cold core storm when it actually slammed. >> storm tracker 4 is showing very heavy rain above the san jose area. there are a lot of power outages including on the bridges. we will have more and we continue. >> we are back. pg&e are reporting a major power outages across the bay area. $10 of them are coming from the bay area alone. 350 are in san francisco and about 200 and the east bay peripatetic will update you as more information is available. >> there's a power outage on the stand and you can see the stream of headlights. this is the section into san francisco and this is the upper deck. and you do not see the suspension cables. they are typically 01 but they're having a power problem. the iran also is causing problems for the commute and we have a look at the golden gate bridge. and this is a wet deck and georges keeping us updated with this. >> storm tracker 4 shows ran across the bay area cup is keeping an eye on we may catch a break. >> right around 1
some of you may say what about hurricane sandy? >> sandy was considered a cold core storm when it actually slammed. >> storm tracker 4 is showing very heavy rain above the san jose area. there are a lot of power outages including on the bridges. we will have more and we continue. >> we are back. pg&e are reporting a major power outages across the bay area. $10 of them are coming from the bay area alone. 350 are in san francisco and about 200 and the east bay peripatetic...
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237
Dec 6, 2012
12/12
by
KRON
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eye 237
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of people seeking unemployment aid fell sharply last week as a temporary spike caused by superstar sandy has faded quickly. >> applications have fallen back to a level consistent with modest hiring. >> dozens of same-sex couples in washington state are trying the best as tying the knot today just hours after the law legalizing gay marriage takes effect. last month nearly 54 percent of voters passed a referendum 74 approving same-sex marriage. >> thank you we're taking it live you from our mount tam cam. we are dealing with fog in that area but he up to widespread low clouds. partly sunny conditions in the afternoon. the drying trend kicking in today and partly cloudy inkle this evening. storm tracker for showing us how widespread the cloud cover is. we're seeing some breaks of sunshine but we will do with a lot of cloud cover and fall in the 10:00 a.m. hour. into the evening it will start to push into the east bayshore off finland valley as well as portions of the south bay. as for your temperatures it has not been to chilly of a start. 52 in santa rosa as well as the bottle. 54 in a val
of people seeking unemployment aid fell sharply last week as a temporary spike caused by superstar sandy has faded quickly. >> applications have fallen back to a level consistent with modest hiring. >> dozens of same-sex couples in washington state are trying the best as tying the knot today just hours after the law legalizing gay marriage takes effect. last month nearly 54 percent of voters passed a referendum 74 approving same-sex marriage. >> thank you we're taking it live...
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175
Nov 29, 2012
11/12
by
CNBC
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eye 175
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the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards!
the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>>...
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179
Dec 7, 2012
12/12
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KRON
tv
eye 179
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. >> the november jobs report is expected out today and superstar on sandy is going to be a key factor when the numbers do come out. economists predict job growth last month slow because of the storm. the reports silver lining to be that-the storm, the job market is strengthening. those numbers are expected to come out at 530 local time. we will be keeping an eye on them throughout the kron 4 morning news. >> the time is 4:13 a.m. on your morning news--friday morning. we will be back with the kron 4 morning news when we come morning erica will have your traffic and janu at your weather and we will have more headlines. welcome back the time is for 3:00 p.m.. local reservoirs have seen a much needed increase in water level since last week end storms. reservoirs in santa clara improved significantly with the rain fall, but levels are still not exactly where they need to be. since last wednesday, the santa clara valley water district says ever stores and their 10 reservoirs' increased from 74 to 91 percent of weather should normally be. that's an increase of nearly 4 billion gal. of water.
. >> the november jobs report is expected out today and superstar on sandy is going to be a key factor when the numbers do come out. economists predict job growth last month slow because of the storm. the reports silver lining to be that-the storm, the job market is strengthening. those numbers are expected to come out at 530 local time. we will be keeping an eye on them throughout the kron 4 morning news. >> the time is 4:13 a.m. on your morning news--friday morning. we will be...
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169
Dec 7, 2012
12/12
by
KTVU
tv
eye 169
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tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play on the dollar? > > i would have exp
tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out...
164
164
Nov 30, 2012
11/12
by
CNBC
tv
eye 164
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the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and our utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out new infrastructure and has a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> house of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection.
the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and our utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out new infrastructure and has a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> house of pleasure. >>>...
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128
Dec 5, 2012
12/12
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WETA
tv
eye 128
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it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again.at but a big drop in apple shares kept the nasdaq fromains.. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boo
it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom:...
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155
Dec 6, 2012
12/12
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KRCB
tv
eye 155
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two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the breast cancer drug tests were positive, any regulatory approval wouldn't happen for at least a couple of years. three of the five most actively traded exchange traded products were up. the financial e.t.f. had the best gains, up 1.2%. and that's tonight's "market focus." >> susie: a tough day for investors in freeport mcmoran. the stock plunged 16% on news that the mining company is buying two oil and gas producers. it's paying $9 billion for plains exploration and production company and mcmoran e
two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales,...
504
504
Dec 7, 2012
12/12
by
WMPT
tv
eye 504
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i think that the hurricane sandy may distort the numbers. we've seen it in some of the other high frequency data in the last couple of weeks. keep in mind tomorrow's labor market report will report on a snapshot of the labor market taken in the middle of last month. and that's when the hurricane and its aftermath were having their effects. >> so the consensus numbers from a survey of economists, they're expecting american businesses added 110,000 jobs it to their payroll. the unemployment rate staying around 7.9%. does that sit right with you. is that what you are seeing? >> probably somewhere around that maybe a little less. one of the problems is it is hard to gauge exactly what the impact of the storm will have. we know it's transitory, it's hard to say exactly how much numerically it will sub tract. if the number comes in lower than that i think a lot of people will say oh, it was probably the effect of the hurricane and they'll wait until the following month to see what kind of a rebound we get. >> let's talk a little bit about what we
i think that the hurricane sandy may distort the numbers. we've seen it in some of the other high frequency data in the last couple of weeks. keep in mind tomorrow's labor market report will report on a snapshot of the labor market taken in the middle of last month. and that's when the hurricane and its aftermath were having their effects. >> so the consensus numbers from a survey of economists, they're expecting american businesses added 110,000 jobs it to their payroll. the unemployment...
164
164
Dec 1, 2012
12/12
by
KOFY
tv
eye 164
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let's go to sandy for that. >> yes showers still showing up on live doppler 7 hd. show where you ter writ now. tweet. just started raining here in san rafael. and it has been raining a little bit heavier to the north as you can see right around the winds or area. highway 101 west side road we get heavy rainfall here. as we take you out towards napa you will notice that the rainfall has lightened up a bit. around the napa area. shawn on facebook i can hear the rain coming down. in the east bay concord some lighter rainfall grant street willow pass road. we do have some moderate light to moderate rain falling out towards the fairfield area to hill born road and south bay really just spotty shower or 2. here are the high for tomorrow with the scattered showers in the forecast. 50's. 60's. going through the oakland raiders game it's this coming sunday don't you worry. rain will be long gone by the time the game gets under way at the coliseum. play the browns and breezy out there. you will see temperatures in the upper 50's. check of the accu-weather 7 day forecast stor
let's go to sandy for that. >> yes showers still showing up on live doppler 7 hd. show where you ter writ now. tweet. just started raining here in san rafael. and it has been raining a little bit heavier to the north as you can see right around the winds or area. highway 101 west side road we get heavy rainfall here. as we take you out towards napa you will notice that the rainfall has lightened up a bit. around the napa area. shawn on facebook i can hear the rain coming down. in the east...
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293
Dec 6, 2012
12/12
by
CNBC
tv
eye 293
favorite 0
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
161
161
Dec 6, 2012
12/12
by
CNBC
tv
eye 161
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to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. take advantage of exceptional values when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can in
to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ mom? dad? guys?...
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gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house? maybe they lost a lot of value in that property? >> listen, it is no fun to lose value in a house and have to adjust to the idea you're going to get less money but what is great about the market less now you have another 30% increase in buyers out there. you have one-third fewer homes for sale. you have less competition and more people who want them. you have also out there is buyers are believing that the best part of the market might be gone. and that really pushes them into the market and gives you a higher bid. i think homeowners right now the best is yet to come. for buyers, the best already has h
gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house?...
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Dec 7, 2012
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founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> here in the united states, we're sitting on titanic amounts of energy that's both cheaper and cleaner than coal or oil, talking about natural gas. but we end up burning off millions of cubic feet of it every day because we don't have enough demand since our government refuses to support embracing nat gas for surface vehicles. while we probably aren't
founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at the best schools in the world... ...you see they all have...
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Dec 4, 2012
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another system on its way and sandy is tracking the next system as it moves in. >> let me show you live doppler 7 h d.we have some very light returns around ukiah. we have our own doppler on mount saint helena tracking the system for you. as i take you in a little bit closer here very light rain like i said around ukiah. around highway 2 53. old river road as we look across other parts of the bay area fish rock road very light returns just east of point arena and we'll continue to see the development of some rainfall. 5:00 a.m. tomorrow. north bay is where the light rain is falling. 7:00 a.m. still in the north bay this is look at the morning 9:00 a.m. still in the north bay but that will be changing as we head into 11:00 a.m. a little more wide spread to the north and as we lack terrain fall percent of normal the last 3 storms wished us well above average. santa rose 178 percent of normal. san francisco 160. oakland 153 and san jose 129 even surrounding areas you could i a-sacramento, well above normal for this time of year with more rawn coming with the next system that will push the
another system on its way and sandy is tracking the next system as it moves in. >> let me show you live doppler 7 h d.we have some very light returns around ukiah. we have our own doppler on mount saint helena tracking the system for you. as i take you in a little bit closer here very light rain like i said around ukiah. around highway 2 53. old river road as we look across other parts of the bay area fish rock road very light returns just east of point arena and we'll continue to see the...
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the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl: construction, there was a loss of 20,000. most of us expected a little bit of a game and that ector. >> maybe it will take a little bit longer to give up. my brother is still out of his house. they cannot get anyone to do work on it yet. cheryl: let's go over to the cme. i know that metals has been a big focus for a lot of traders today. what are you watching? >> just the price action in gold. it really gives the feedback. people, you know, maybe a risk on trade. it jumps back to the 17th 04 daily highs. that makes me believe i want to belong before the meet
the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl:...
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Dec 7, 2012
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founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. prove it. enough is enough. d-con no view, no touch trap snaps to kill instan
founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [ male announcer ] alka-seltzer plus presents the cold truth. i have a...
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one is sandy. at one quarter of america's population didn't do anything for three four days. the second thing is the uncertainty of the election which held back business investment. for quarter definitely will be weak but the next year i think 2.5 to 3% growth. >> thank you. dave: one of the smartest people in america, no doubt. thank you, good to see you. the clock is ticking away to major tax hikes for everybody. john boehner saying there is no progress to report. so what is going on inside the beltway? we will head there to try to find out. brian led that tells us how the new 60-40 portfolio should look. [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... onyour head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. . . . .. david: come january 1st, no matter which tax plan is put in place the federal government will still spend trillions of dollars each year. lauren: we talked taxes. now let's former cbo directo
one is sandy. at one quarter of america's population didn't do anything for three four days. the second thing is the uncertainty of the election which held back business investment. for quarter definitely will be weak but the next year i think 2.5 to 3% growth. >> thank you. dave: one of the smartest people in america, no doubt. thank you, good to see you. the clock is ticking away to major tax hikes for everybody. john boehner saying there is no progress to report. so what is going on...
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Dec 7, 2012
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not great numbers but they were expected to be half of that because of the effects of superstar on sandy on the north east. the u.s. unemployment rate dropped to 7.7%. >> a federal judge is ready to produce a $1 billion verdict apple or is it on over samsung back of it. the judge told lawyers for both apple and samsung that jurors in the previous case appear to miscalculate damages and now have to be trimmed. no word on how much of the war to apple would be cut. samsung is seeking a new trial while apple is harboring for an increase in the damages award. >> t mobil has a deal with apple it can start carrying the iphone next year. for after its parent company says it has reached a deal with apple. the mobile you as a have been the only national wireless carriers that didn't offer the iphone. although it is impossible to use iphone on t mobile networks customers had to get the iphone themselves parity mobil says it is reshuffling its network to match their carrier data speeds. >> the securities and exchange commission said hastings--the fcc says that is material for investors. information
not great numbers but they were expected to be half of that because of the effects of superstar on sandy on the north east. the u.s. unemployment rate dropped to 7.7%. >> a federal judge is ready to produce a $1 billion verdict apple or is it on over samsung back of it. the judge told lawyers for both apple and samsung that jurors in the previous case appear to miscalculate damages and now have to be trimmed. no word on how much of the war to apple would be cut. samsung is seeking a new...
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Nov 29, 2012
11/12
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hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and other people can't get financing. it is a world-class development, only 8 miles from the washington monument. the closest retail that we can develop to the washington, d.c. we expect to get as many as the 15 million coming to washington and another 50 million or so coming today to visit the gaylord hotel, the many restaurants and attractions already at national harbor. liz: people are driving to see the tourist attractions and we stopped to see you. a joint venture with simon properties. a competitor in certain realms. why are you doing that? >> we have two sites were announ
hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and...
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. >> tom: super storm sandy keeps showing up in some economic data. this time: consumer spending. spending fell 0.2% in october. it was expected to be up that much. stocks were mixed with continued nervousness about the fiscal cliff. the dow gained just three points, the nasdaq lost nearly two. the s&p 500 was virtually unchanged. on the week, the dow up just barely. the nasdaq the biggest gainer: up almost 1.5%, the s&p up half a percentage point. >> susie: investors took a bite out of yum brands today. the stock tumbled 10% after the parent of k.f.c. and pizza hut said its business in china is slowing. yum's c.e.o. warned that china sales will fall by 4% in the fourth quarter, that's a big drop from the same period a year ago when sales surged 21%. blaming the weak chinese economy, yum also said it plans to reduce the number of restaurant openings in the asian nation. yum operates roughly 5,000 restaurants in china, accounting for half of its total sales. >> susie: joining us now with more on the chinese consumer and the economy, nicholas consonery, asia analyst at the eurasia g
. >> tom: super storm sandy keeps showing up in some economic data. this time: consumer spending. spending fell 0.2% in october. it was expected to be up that much. stocks were mixed with continued nervousness about the fiscal cliff. the dow gained just three points, the nasdaq lost nearly two. the s&p 500 was virtually unchanged. on the week, the dow up just barely. the nasdaq the biggest gainer: up almost 1.5%, the s&p up half a percentage point. >> susie: investors took a...
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the economy did take a hit from hurricane sandy but much less than what many expected. during november there were 146,000 jobs created that was much greater than the 85,000 that economists had expected. meantime, unemployment rate fell to 7.7%. higher close for stocks yesterday on signs of possible progress in the fiscal cliff negotiations. netflix ceo in the hot seat saying the company's online viewing exceeded a billion hours in june for the first time. posting on facebook does not qualify as the fair public disclosure of information publicly traded companies are supposed to give. if you have a student loan it may get easier to pay it back. the program -- allows students who started taking loans after october 1st, 2007 to plead financial hard ship and limit payments and have the loans forgiven after 20 years. do have you old appliances that need replacing? the so-called consumer durable goods owned by americans are the oldest in nearly half a century. research says that could mean a big spending spree is on the way that could stimulate the u.s. economy. at the new yor
the economy did take a hit from hurricane sandy but much less than what many expected. during november there were 146,000 jobs created that was much greater than the 85,000 that economists had expected. meantime, unemployment rate fell to 7.7%. higher close for stocks yesterday on signs of possible progress in the fiscal cliff negotiations. netflix ceo in the hot seat saying the company's online viewing exceeded a billion hours in june for the first time. posting on facebook does not qualify as...
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 from 393,000. and treasury prices rising today, pushing yields back down to their lowest level in more than two weeks. look at this pathetic yield on the ten-year note. it fell two basis points to 1.57%. you're not getting a lot of return there. david: which is why some people are putting their money in stocks. we have all this covered. we have til mulholland in the pits of the cme. we have a street fight. jeff believes there will be a fiscal cliff resolution. david wright, on the other hand, thinks d.c. will avoid the cliff, but it will not stop the bears from coming around this time. let's start with tim at the cme. and, tim, we were talking about what a low yield you get now on treasuries. people are looking for some kind of yield, and the only place you're finding it is in the stock market. >> yeah, that's true. you also get the corporate
hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 from 393,000. and treasury prices rising today, pushing yields back down to their lowest level in more than two weeks. look at this pathetic yield on the ten-year note. it fell two basis points to 1.57%. you're not getting a lot of return there. david: which is why some people are putting...
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Dec 7, 2012
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no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expected overall given downward revisions and weaker labor force and it does not change our assessment of the underlying strength of the labor market. priva
no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and...
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superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there were 200 to 250,000 cars destroyed. not quite that many were sold last month but played into the increase we saw to a certain extent. used car sales were not up as much. true car.com estimating 4%. lori: give the time of year i was reading that the storm and length of time on average people holding onto the cars is like 11 years is actually giving support to overall car prices. can you comment on that? >> yes. sales, transaction prices were up. so were incentives. so kind of balanced itself a little more. people are spending more on cars. shoving a
superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there...
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Dec 5, 2012
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward provision. about 2%, but if you look under the hood there are some serious problems and i will let you start there. >> a little bit of fine print. consumer spending was revised lower, business investment in equipment and software. for the upward revision was due to a lot more inventory being accumulated last quarter, partly due to a faster pace of economic activity. not the strengthening in the number we would like to see. lori: does it suggest go to the softening consumer picture, people are not buying stuff simply put question marks >> there is a wait-and-see attitude. not only f
noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward...
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superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was going to get a response, but i did want to at least make my voice heard. >> president obama says he'll only sign off on a budget deal that includes a tax hike for the wealthiest americans. republicans say they want to generate additional tax revenue by closing tax loopholes and eliminating some deductns. >>> the budget stalemate is taking its toll on maryland and virginia's governments.
superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an...